Why are there so many M3 for sale in Australia. The number on Car Sale has doubled in a week

[Nomac]

The number on Car Sale has doubled in a week to over 500 M3 Prices seem to be higher than retail? They are older cars so not guys selling their position in the T queue!

 

[Rolond]

The number on Car Sale has doubled in a week to over 500 M3 Prices seem to be higher than retail? They are older cars so not guys selling their position in the T queue!

Simple, people who have received or about to receive Model Y's

 

[Hairyman]

The first set of three year leases are coming up

 

[positiv]

The number on Car Sale has doubled in a week to over 500 M3

Yeah it's all to do with the Model Y. The Model 3 is a conventional sedan whereas the Model Y is a contemporary SUV.

A lot of people who bought the Model 3 actually wanted a Model Y but it wasn't available at the time. Now the Model Y is available so they are offloading the Model 3 and upgrading to the Model Y.

I knew that this was going to happen, but I didn't expect that many.

 

[old_geez]

I can’t see the value in the Y. The 3 is a much better car in my opinion.
Or in other words, I’d never trade my 3 for a Y, but if I had a Y, I’d trade in an instant for a 3

 

[resolve03]

in my opinion.

Most don't share your opinion, hence the influx of 3's

 

[stphw]

In the end, they are very similar cars. They basically took the 3 and elongated it in the z axis, making it a bit bigger, a bit slower and a bit more expensive.

 

[WoodWombat]

I can’t see the value in the Y. The 3 is a much better car in my opinion.
Or in other words, I’d never trade my 3 for a Y, but if I had a Y, I’d trade in an instant for a 3

About the only thing that is better in the Y is car camping since the hatch and higher roofline make it more comfortable. Not going to give up my M3P for that!

 

[BreatheSafe]

Most don't share your opinion, hence the influx of 3's

Hard to know exactly how many model 3's have been sold in Australia because of the Tesla reporting, but I saw a guess that it was about 15000 or so thus far (this maybe wrong by thousands). So those switching out to a Y is not a large amount if the car sales listings represent some sort of delta.
A good friend of mine owns an S, a M3P and recently purchased a Y for his wife as she wanted a SUV like all the other mums. He never thought twice about selling either Tesla as he can afford it.
Different strokes for different folks.

 

[moa999]

Tesla Chair said something like 27k Tesla's in Aus at end June but it would be close to 50k by end year.

So at a guess at end June. 24k 3s, 2k S, 1k X.
By end December 36k 3s, 8k Ys, 2k S, 1k X
(Basically 3qtrs of 4k for the 3 including catch-up, and 2x4k for the Y)

 

[Nomac]

Thanks for those brilliant comments.
Didnt want the Tesla haters getting into a bad interpretation and spreading false news.

 

[paulp]

Thanks for those brilliant comments.
Didnt want the Tesla haters getting into a bad interpretation and spreading false news.

They still will

 

[lS3toM3]

Anecdotally, from three ppl I know selling their M3... One is waiting for a Y and selling, the other two ordered long range and just received them so selling their standard range

 

[WoodWombat]

Anecdotally, from three ppl I know selling their M3... One is waiting for a Y and selling, the other two ordered long range and just received them so selling their standard range

And that is the thing: the percentage of those Tesla sellers (flippers excluded) who are just going to another Tesla is very high indeed. Actually, there is a good chance that even the flippers are flipping cars to make money to buy a Tesla for themselves.

 

[kpdog]

Very few LRs. I think these will end up becoming even more in demand at the expense of the base model.

 

[Sam Chuang]

Anyone looking at fitting a instrument cluster like this?

10.26" Linux OS Car LCD Dashboard Car Meter Wireless CarPlay for Tesla Model 3/Y | eBay

Find many great new & used options and get the best deals for 10.26" Linux OS Car LCD Dashboard Car Meter Wireless CarPlay for Tesla Model 3/Y at the best online prices at eBay!

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I hope it is not illegal to use in Aus. Seems easily enough to DIY

 

[mrpseudonym]

Would also explain the increase in Model Xs. 8 weeks or so ago there were 9 on carsales, now 42.

 

[Priit]

Anecdotally, from three ppl I know selling their M3... One is waiting for a Y and selling, the other two ordered long range and just received them so selling their standard range

I'm on that same boat. I bought my Model 3 SR+ now 3 years ago and got it in novated lease for 5 years. Now I was going to keep it for at least 7-10 years, but with the government changes to novated lease getting FBT excluded for new cars, I did a quick match on this and it will be cheaper for me to purchase a new Model 3 LR than continue paying my Model 3 SR+, so I have put in the order for the new car. Once the new car is getting close (when I get a VIN assigned to my order), I will put my Model 3 up for sale as legally I cannot have 2 cars in novated lease at same time
So for me its upgrade from SR+ to LR and lower monthly cost, so planning to keep the new one for 8-10 years unless something changes again...

 

[illusivedreams]

I can’t see the value in the Y. The 3 is a much better car in my opinion.
Or in other words, I’d never trade my 3 for a Y, but if I had a Y, I’d trade in an instant for a 3

I have a Model 3P and LR in the family. Im waiting for MYP. For my needs its a far better car than the 3.

 

[lS3toM3]

There are definitely people trying to make some cash. Have a look at marketplace and there are plenty of base model y going for 90k